Stock Analysis:Evertz Technologies Limited (TSE:ET) Stock Target Upgraded
In a very recent research note published by Canaccord Genuity on Thursday, 3 December, Evertz Technologies Limited (TSE:ET) had its target price per share lifted to $19.50. The firm now has a solid “Buy” rating on shares.
Approximately 42,972 shares of stock traded hands or 161.28% up from the average. Evertz Technologies Limited (TSE:ET) has risen 0.61% since April 30, 2015 and is uptrending. It has outperformed by 0.89% the S&P500.
Evertz Technologies Limited is Canada company, which provides equipment to the television broadcast telecommunications and new-media industries. The company has a market cap of $1.29 billion. Evertz designs, makes and markets video and audio infrastructure equipment for the production, post-production and transmission of television content. It has 20.17 P/E ratio. The Company’s television broadcast equipment market segment is involved in the sale of hardware and software solutions including related services, training and commissioning.